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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Oct 21, 1968
Page
6
Readers ask about holding merged Commercial Credit and Control Data shares and about front end load mutual fund charges. The advisor notes the merger improves cash reserves, reshapes leasing to faster returns, and may raise the price–earnings multiple from around 30–40 times projected earnings. He endorses holding the new CDC stock.
Cincinnati livestock sales show cattle steady to mixed, calves and hogs softening. Slaughter cows and bulls mostly steady to firm, vealers strong, hogs down 25 cents and sheep near steady with ewes and lambs noted in the mid 50s.
Ohio report shows eggs delivered to major cities with producer price data from packing plants. Includes consumer grade notes and price levels tied to regional markets.
The New York opening session saw advances outweighing declines about two to one. Notable moves include American Water Works 14 lower, Goodyear up 1 at 62, Homestake up 1 at 36, General Dynamics up 2 at 441⁄4, U S Steel down 1⁄2 at 44 42, Kennecott up 4 at 47, and Pacific Petroleum down 1 at 21 ⁄2. The Associated Press average rose 2.4 to 358.6, a yearly high.
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